Goldgroup Mining Inc. is pleased to announce that it has closed the first tranche of the CAD $7.75 million non-brokered private placement previously announced on March 11, 2025 and March 12, 2025. The first tranche comprises a total of 23,333,334 units at CAD $0.30 per Unit for gross proceeds of approximately CAD $7,000,000. Each Unit consists of one common share and one-half common share purchase warrant, with each full [...]
Goldgroup Mining Inc. is pleased to announce an increase in the size of the previously announced non-brokered private placement of units of the Company at a price of $0.30 per Unit. The size of the Private Placement has been increased from 23,333,334 Units to 25,833,334 Units for aggregate gross proceeds of approximately $7,750,000. Each Unit will consist of one common share and one-half common share purchase warrant [...]
Goldgroup Mining Inc. is pleased to announce a non-brokered private placement of up to 23,333,334 units of the Company at a price of $0.30 per Unit for aggregate gross proceeds of up to $7,000,000 . Each Unit will consist of one common share and one-half common share purchase warrant, with each full warrant being exercisable to purchase one Common Share at a price of $0.45 for 24 months from the date of issuance. The [...]
Goldgroup Mining Inc. announces that, further to the news releases disseminated by the Company on August 14, 2024 and January 16, 2025 , the Company has entered into an Agreement to Suspend Enforcement Proceedings dated March 6, 2025 with Candelaria Mining Corp. with respect to the Loan Facility described in the August 14th News Release and January 15th News Release after delivering notice of enforcement of the Company's [...]
Goldgroup Mining Inc. is pleased to announce that all shareholders holding share purchase warrants issued pursuant to financings completed on September 26, 2024 and November 18, 2024 have exercised or, having informed the Company are in the process of exercising, all the outstanding Warrants. A total of 18,681,818 Warrants were exercisable at C$0.10 per common share and upon exercise of the Warrants, the Company will [...]
Goldgroup Mining Inc. is pleased to announce that it has closed the non-brokered private placement previously announced on December 3, 2024. Pursuant to the Private Placement, the Company issued a total of 35,000,000 units at CAD $0.10 per Unit for gross proceeds of CAD $3,500,000. Each Unit consists of one common share and one-half common share purchase warrant, with each full warrant being exercisable to purchase one [...]
Goldgroup Mining announces that, further to the news release disseminated by the Company on August 14, 2024, the Company completed the acquisition of the Loan Facility described in the August 14th News Release on January 15, 2025. The Company now plans to enforce its rights under the Loan Facility, in respect of the outstanding amounts under the Loan Facility, to acquire all shares of Minera Apolo as full or partial [...]
Goldgroup Mining announces that it is electing to accelerate the expiry of outstanding common share purchase warrants of the Company originally issued under financings completed on September 26, 2024 and Nov 18, 2024 exercisable at C$0.10 per common share. Pursuant to the terms of the Warrants, the Company may accelerate the expiry date of the Warrants if the closing price of the Company's common shares on the TSX [...]
Goldgroup Mining is pleased to announce a non-brokered private placement of up to 35,000,000 units of the Company at a price of $0.10 per Unit for aggregate gross proceeds of up to $3,500,000. Each Unit will consist of one common share and one-half common share purchase warrant, with each full warrant being exercisable to purchase one Common Share at a price of $0.15 for 24 months from the date of issuance. The Company [...]
Goldgroup Mining is pleased to announce that it has closed the non-brokered private placement previously announced on Nov 1, 2024. Pursuant to the Private Placement, the Company issued a total of 3,181,818 units at CAD $0.055 per Unit for gross proceeds of approximately CAD $175,000. Each Unit consists of one common share and one common share purchase warrant, with each Warrant being exercisable to purchase one Common [...]
Goldgroup Mining is pleased to announce a non-brokered private placement of up to 3,181,818 units of the Company at a price of $0.055 per Unit for aggregate gross proceeds of up to approximately $175,000. Each Unit will consist of one common share and one common share purchase warrant, with each Warrant being exercisable to purchase one Common Share at a price of $0.10 for 24 months from the date of issuance; provided [...]
Goldgroup Mining is pleased to update shareholders on its effort of expanding crushing and leaching capacity at the Company's 100% owned Cerro Prieto Mine. HIGHLIGHTS Primary crusher installed and operational at design capacity of 2,200 tonnes pre day at 80 of 6" for new Crushing Circuit # 2. C2's Secondary crusher in machine shop for major overhaul. Capacity of 1,250 Tonnes per day at P80 of 1,225 tonnes per day [...]
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